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Sterling Heights, MI Real Estate & Property Data

Sterling Heights Real Estate Market Trends
Last Updated: April 26, 2024

Accurate and comprehensive real estate data is critical for insight into Sterling Heights, MI. ATTOM’s Sterling Heights real estate data is updated daily, and current market trends show that in Sterling Heights, MI a total of 1,698 residential properties have sold over the past year. With a median home price of $313,500 in Sterling Heights and a total of 9 foreclosures. Get detailed property data for Sterling Heights, MI instantly. ATTOM is your one-stop-shop for the Sterling Heights property reports and real estate data you need in Sterling Heights, MI.

Sterling Heights Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 41,943
Total Commercial Properties 1,215
Avg. Home Age (Single Family Home) 49 Years
Avg. Square Feet (Single Family Home) 1,682
Total 2024 Residential Sales (year-to-date) 221
% of Homes Seriously Underwater (Q2 2024) 0.41%
Total 2023 Residential Sales 1,582
% of Equity Rich Homes (Q2 2024) 40.81%
Effective 2023 Property Tax 1.17%
Total Foreclosure Filings (year-to-date) 18
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Sterling Heights, MI Real Estate Overview

There were 1,698 residential properties sold in the past year in Sterling Heights, MI. The median home value in Sterling Heights, MI is $290,588. There are a total of 41,943 residential properties in the Sterling Heights.

Median Sales Price i
$313,500
(Feb 2024)
+6.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $313,500
  • January '24 Jan '24 $289,250
  • December '23 Dec '23 $287,000
  • November '23 Nov '23 $315,000
  • October '23 Oct '23 $300,000
  • September '23 Sep '23 $305,000
  • August '23 Aug '23 $308,000
  • July '23 Jul '23 $289,250
  • June '23 Jun '23 $290,150
  • May '23 May '23 $309,000
  • April '23 Apr '23 $280,000
  • March '23 Mar '23 $285,000
Median Down Payment i
$62,000
(Feb 2024)
+112.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $62,000
  • January '24 Jan '24 $19,806
  • December '23 Dec '23 $59,000
  • November '23 Nov '23 $49,400
  • October '23 Oct '23 $40,481
  • September '23 Sep '23 $53,000
  • August '23 Aug '23 $34,650
  • July '23 Jul '23 $47,299
  • June '23 Jun '23 $31,000
  • May '23 May '23 $38,250
  • April '23 Apr '23 $19,500
  • March '23 Mar '23 $35,310
Number of Homes Sold i
98
(Feb 2024)
+4.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 98
  • January '24 Jan '24 123
  • December '23 Dec '23 96
  • November '23 Nov '23 105
  • October '23 Oct '23 142
  • September '23 Sep '23 156
  • August '23 Aug '23 173
  • July '23 Jul '23 149
  • June '23 Jun '23 140
  • May '23 May '23 153
  • April '23 Apr '23 128
  • March '23 Mar '23 141
Number of Purchase Loans i
71
(Feb 2024)
-12.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 71
  • January '24 Jan '24 75
  • December '23 Dec '23 68
  • November '23 Nov '23 75
  • October '23 Oct '23 103
  • September '23 Sep '23 127
  • August '23 Aug '23 108
  • July '23 Jul '23 104
  • June '23 Jun '23 97
  • May '23 May '23 100
  • April '23 Apr '23 115
  • March '23 Mar '23 97
Number of REFI Loans i
51
(Feb 2024)
+4.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 51
  • January '24 Jan '24 73
  • December '23 Dec '23 69
  • November '23 Nov '23 68
  • October '23 Oct '23 55
  • September '23 Sep '23 63
  • August '23 Aug '23 73
  • July '23 Jul '23 64
  • June '23 Jun '23 84
  • May '23 May '23 54
  • April '23 Apr '23 51
  • March '23 Mar '23 69
Number of HELOC Loans i
41
(Feb 2024)
+24.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 41
  • January '24 Jan '24 43
  • December '23 Dec '23 36
  • November '23 Nov '23 38
  • October '23 Oct '23 43
  • September '23 Sep '23 39
  • August '23 Aug '23 51
  • July '23 Jul '23 34
  • June '23 Jun '23 43
  • May '23 May '23 49
  • April '23 Apr '23 45
  • March '23 Mar '23 43

Sterling Heights, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Sterling Heights, MI Foreclosure Activity

There were a total of 9 Sterling Heights, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 9 Sterling Heights, MI properties and repossessed 1 Sterling Heights, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
9
(Feb 2024)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 9
  • January '24 Jan '24 9
  • December '23 Dec '23 13
  • November '23 Nov '23 11
  • October '23 Oct '23 9
  • September '23 Sep '23 8
  • August '23 Aug '23 7
  • July '23 Jul '23 3
  • June '23 Jun '23 18
  • May '23 May '23 5
  • April '23 Apr '23 9
  • March '23 Mar '23 7
Foreclosure Starts i
9
(Feb 2024)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 9
  • January '24 Jan '24 9
  • December '23 Dec '23 13
  • November '23 Nov '23 11
  • October '23 Oct '23 9
  • September '23 Sep '23 8
  • August '23 Aug '23 7
  • July '23 Jul '23 3
  • June '23 Jun '23 18
  • May '23 May '23 5
  • April '23 Apr '23 9
  • March '23 Mar '23 7
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 5
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 3
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
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